This is not a boat that should be soldl but one that should be given away. There are thousands of hours work for a competent woodworker, rigger and mechanic
to get this boat ready for see. That's not including the tens of thousands of dollars in materials and new equipment
that are going to be needed.
You can rebuild
the deck and cabin top and then glass over it. It will be a solid structure and, if done right, just as good as a FRP sandwich deck. The problem is the time involved. Seriously, you are looking at a year or more of full time work to bring this boat back to life. We built a Westsail from a hull and deck and it took a year of full time work and another year of nights and weekends before we could leave on our cruise
. You are looking at at least as much time on this boat.
As far as the hull. FRP is translucent. You cannot judge the thickness of the hull by the amount of light coming through it. Sued Morgan
over an improperly laid up hull. The areas with the most light coming through turned out to be the thickest part of the hull. Other areas that were less translucent were way thinner. The thinnest parts
were opaque largely because the factory had put in a dark pigment under the gelcoat
to hide the thickness.
If the underlying glass is not fractured and delaminated where the cracks are, it's probably just a gel coat problem. The fact that it is all three chain plates is a little disconcerting, however. Cheoy Lee
used chopper guns
in their lay up. Hull thickness could vary significantly depending on the mood and skill of the Chopper gun operator.
As far as costs, I'd expect to have way more money
in this boat, by the time it's finished, than you could buy a comparable seaworthy
boat. On our Westsail, we had more money
in the boat within six months of starting than we could have bought a similarly equipped factory boat. When finished, we had a much better built and finished boat than a factory built boat. We also had at least $10,000 more than we could have had a factory boat for. That does not take into account our labor, btw.
If you want to build a boat, build a boat. If you want to go sailing, go sailing. Under no circumstance mix the two as you'll likely not accomplish either.
As far as a suitable boat, these are good traditional boats with all the pluses and minuses that that entails. I love them, others hate them.
Have you looked at the Allied Seawind
I or II. These boats are quite inexpensive and more than adequate for long distance voyages. the Seawind
I was the first FRP boat to circumnavigate, I believe. Lose the ketch
rig and they are even pretty good sailors.